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Go First may be nearing liquidation; eyes INR 3,000 from asset sale: Report

Go First may be nearing liquidation; eyes INR 3,000 from asset sale: Report

In a critical development, lenders of the embattled domestic carrier Go First, founded by billionaire Nusli Wadia, are reportedly leaning towards approving a proposal to liquidate the airline. Despite facing multiple deadlines to resolve its

Aviation
Go First’s lenders not in favour of releasing more funds to the airline

Go First’s lenders not in favour of releasing more funds to the airline

Lenders to Go First are not in favour of releasing additional funding to the grounded airline, given its legal troubles with lessors and complexities related to changes in the bankruptcy law, two banking sources told

Aviation
Jalan Karlock Consortium claims enough fund to revive Jet Airways

Jalan Karlock Consortium claims enough fund to revive Jet Airways

The Jalan Karlock Consortium has reinforced belief that it has funds to revive the struggling airline; and the appointment of officials on prominent positions in the company. The Consortium has said that despite many challenges,